Value-based procurement: a new paradigm for procurement?
The NHS is pioneering an intriguing new approach to procurement that may have relevance to procurement professionals engaged in industries well beyond the health sector, the medical technology news outlet Med-Tech Innovation reports. The novel initiative,...
De-fragmenting the Supply Base to invest in Mitigating Risk
Just a few quick thoughts on the subject of risk mitigation in the supply chain. As we move forward into the new business as usual this will be front of mind for procurement and supply chain leaders. Supplier vulnerabilities have been exposed through COVID – 19, with...
Preserving cash in a crisis, and ensuring your supply chain survives
As we navigate our way through this period of unprecedented economic and personal uncertainty and governments make stringent changes to protect lives across populations, businesses of all sizes are facing pressing & critical issues on many fronts. These include...
Liquidity in the supply chain in times of crisis
During these extremely challenging times understanding the financial liquidity in your supply chain can bring enormous benefits to both buyers and suppliers alike. For the buyer, having the transparency of daily liquidity positions enables key decisions regarding...
Odesma’s response to the Global Pandemic – Procurement must go on!
Following on from Monday’s announcement from the UK government to put in place protective measures to safeguard us all in the UK, Procurement has a key role to play in ensuring continuity of supply chains, keeping in touch with suppliers whilst ensuring internal...
Why there’s more to procurement than business-as-usual cost reduction
A procurement expert has urged public sector procurement and supply chain professionals to push back against the intense pressure to confine them primarily to cost-reduction initiatives and focus instead on demonstrating their true worth by adding value and mitigating...
